Benzinga
  • 2 weeks ago
Nvidia shares fell approximately 2% pre-market Monday following news that China's State Administration for Market Regulation has launched an antimonopoly probe into the company. The investigation centers on Nvidia's acquisition of Mellanox and potential violations of China's antimonopoly laws. This news emerges amid heightened U.S.-China tensions over chipmaking capabilities. Nvidia shares have surged nearly 180% this year, driven by growing investor interest in AI technology.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA shares fell approximately 2% pre-market Monday,
00:05following news that China's state administration for market regulation
00:08has launched an anti-monopoly probe into the company.
00:11The investigation centers on NVIDIA's acquisition
00:13of Mellanox and potential violations of Chinese anti-monopoly laws.
00:18This news emerges about heightened U.S.-China tensions over chip-making capabilities.
00:22NVIDIA shares have surged nearly 180% this year,
00:26driven by growing investor interest in AI technology.
00:28For all things money, visit Benzinga.com slash GSTV.

Recommended

0:35
I
Up next
Nvidia Shares Slide Over 2% On China Antitrust Probe
Benzinga
0:35
Nvidia’s Record $279 Billion Drop Sparks Global Semiconductor Selloff Amid Antitrust Fears
Benzinga
0:45
Nvidia Reportedly Developing A New Version Of Its Flagship AI Chip For Chinese Market Amid US Export Restrictions
Benzinga
0:54
Nvidia Stock Slides as Reports of Potential Chip Sale Restrictions to China Surface
Benzinga
1:04
China Urges Tech Giants To Shift Away From Nvidia And Other Foreign Chip Makers, Boost Domestic AI Chip Purchases: Report
Benzinga
0:41
Nvidia Plunges Nearly 10% To Sub-$100 Level, Leading Other Semiconductor Stocks Lower In Premarket: Why Their Chips Are Down
Benzinga
0:48
Nvidia And Other Chip Stocks Gain On Reports Of Softer China Sanctions
Benzinga
0:37
Jim Cramer Warns Nvidia's 'Vicious' And 'Fast' Reversal Is Coming Amid 174% Surge This Year And China Antitrust Probe
Benzinga
1:30
US Curbs Export of More AI Chips to China
Wibbitz Top Stories
0:37
Nvidia Hit With Antitrust Probe in China, Stock Slides
Benzinga
0:36
Biden Targets China With New Chip Restrictions, Nvidia Slides Before Bouncing Back
Benzinga
0:45
Is Nvidia Stock Hitting A Bear Market? Shares Drop 7% After Microsoft CEO Satya Nadella Signals Shift In AI Chip Demand
Benzinga
1:06
Nvidia acquisition of Arm throws company into tech spat between U.S. and China
SSD News
0:38
Nvidia Down Nearly 4% In Pre-Market Trading As DOJ Reportedly Launches Antitrust Probe Over Allegations Of Monopolistic Practices
Benzinga
0:50
AMD Shares Rise Pre-Market After Semiconductor Giant Unveils New AI Chips To Challenge Jensen Huang's $2.7 Trillion Nvidia Empire
Benzinga
0:37
FTC, DOJ Eye Nvidia's AI Chip Contracts Amid Growing Market Power
Benzinga
0:50
Nvidia Briefly Surpasses Amazon's Market Cap as Stock Continues Meteoric Rise
Benzinga
0:30
Nvidia Denies DOJ Subpoena Report Amid Antitrust Speculation as Stock Dips Following Bloomberg Report
Benzinga
0:41
Intel Eyes Altera Stake Sale To Raise Billions As Chipmaker Struggles To Gain Ground In AI Boom
Benzinga
0:47
What's Going On With Nvidia Stock On Thursday?
Benzinga
1:01
Nvidia’s Shocking Stock Drop: AI Giant Faces Wall Street Pressure!
WooGlobe
0:38
Intel CEO Pat Gelsinger After Contentious Board Meeting, Highlighting Struggles Against Nvidia
Benzinga
0:35
China Remains Crucial for US Chipmakers Despite Growing Geopolitical Strains
Benzinga
0:52
Nvidia Shares Riding On Huge AI Tailwind, Says Portfolio Strategist: Why Expert Says Stock Will Stay On An Upward Path For Next 2-3 Years
Benzinga
0:35
Dan Ives Expects 'Drop The Mic Performance' Today From Nvidia: Here's Why
Benzinga